Global wealth management and investment banking company Stifel will open an office in Stamford, creating 50 new jobs, Gov. Ned Lamont’s office announced Thursday.
Stifel currently has offices in Hamden, Hartford, Madison, Mystic and Southbury.
The company’s roughly 24,000-square-foot Stamford office will be at 677 Washington Blvd., a tower that previously housed the UBS international banking headquarters.
The Connecticut Department of Economic and Community Development is providing a grant in arrears up to $1.75 million, contingent on the company creating and retaining 50 new full-time jobs. The grant comes from the state’s JobsCT program, which offers tax breaks to companies that reach certain job-creation targets.
“We are seeing a growing number of financial services firms make new investments and increase headcounts in Connecticut, which is great news for our strong finance ecosystem and economy as a whole,” said DECD Commissioner David Lehman and Peter Denious, CEO of the nonprofit economic development organization AdvanceCT, in a joint statement.
Stifel, with more than 8,500 employees worldwide, serves individuals, entrepreneurs, family-owned businesses, private equity groups and public and private corporations in North America, Europe, Asia, Israel and Latin America. The company’s global headquarters is in St. Louis, Missouri.
